India, July 22 -- As Intel reportedly moves to bring 80-90% of Nova Lake compute tile production back in-house on its 18A process, TSMC is stepping up its U.S. expansion with advanced nodes including 2nm and beyond.

The foundry giant added US$100 billion to its investment plan last week, raising its total U.S. commitment to US$265 billion - the largest foreign direct investment in U.S. history, according to KTAR News.

TSMC's aggressive push reflects confidence in a "structural, multi-year demand" trend, with CFO Wendell Huang telling CNBC in a latest interview that the company has no intention of "leaving any food on the table."

Behind TSMC's US expansion

While CFO Wendell Huang told CNBC that the expansion reflects strong customer de...